
OpenAI tender offer (or equivalent) before 2027-01-01 at >$20/unit?
Plus
2
áš1002027
55%
chance
1D
1W
1M
ALL
Market resolves YES if:
Either:
(A) OpenAI conducts a tender offer between 2025-01-01 and 2027-01-01, OR
(B) employees are allowed to convert their PPUs to cash by some other mechanism (e.g., some magic happening if OpenAI goes public; this would, as one particular case, include employee PPUs getting converted into shares tradeable on the public market),
AND:
the conversion rate is at least $20/unit.
The "at least $20/unit" is there because I'm also interested in the question of "will OpenAI undergo some type of corporate existence failure" and "PPU value plumetted 90%" is a proxy.
Resolution based on official company announcements or reliable financial news reporting.
Some references:
I will not trade on this market.
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